Preferred Mutual Ins Co
Auto Physical Damage
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
National Average
2025
10,760
1,033
11,793
8.76%
23.88%
2024
10,067
820
10,887
7.53%
23.31%
2023
8,531
650
9,181
7.08%
22.83%
2022
8,255
680
8,935
7.61%
23.10%
2021
8,300
670
8,970
7.47%
22.81%
2020
9,360
750
10,110
7.42%
21.51%
Commercial Auto Liability
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
National Average
2025
1,781
381
2,162
17.62%
49.08%
2024
1,670
360
2,030
17.73%
47.46%
2023
1,390
339
1,729
19.61%
47.29%
2022
1,377
287
1,664
17.25%
45.44%
2021
382
96
478
20.08%
44.40%
2020
347
67
414
16.18%
42.45%
Commercial Multiple Peril
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
National Average
2025
356
138
494
27.94%
42.44%
2024
374
187
561
33.33%
41.75%
2023
450
185
635
29.13%
38.64%
2022
419
203
622
32.64%
39.39%
2021
448
288
736
39.13%
40.41%
2020
563
675
1,238
54.52%
48.09%
Homeowners & Farmowners
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
National Average
2025
2,275
596
2,871
20.76%
38.98%
2024
2,404
597
3,001
19.89%
39.58%
2023
2,201
664
2,865
23.18%
36.96%
2022
2,425
664
3,089
21.50%
37.07%
2021
3,063
998
4,061
24.58%
39.17%
2020
3,487
1,076
4,563
23.58%
35.42%
Other Liability: Occurrence
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
National Average
2025
3
6
9
66.67%
13.25%
2024
9
4
13
30.77%
12.32%
2023
2
3
5
60.00%
16.34%
2022
5
3
8
37.50%
11.13%
2021
5
8
13
61.54%
18.93%
2020
17
19
36
52.78%
20.93%
Private Passenger Auto Liability
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
National Average
2025
1,781
381
2,162
17.62%
45.21%
2024
1,670
360
2,030
17.73%
45.23%
2023
1,390
339
1,729
19.61%
44.64%
2022
1,377
287
1,664
17.25%
46.15%
2021
1,473
328
1,801
18.21%
46.87%
2020
1,627
405
2,032
19.93%
43.90%
Product Liability: Occurrence
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
National Average
2025
1
2
3
66.67%
63.59%
2024
2
0
2
0.00%
63.97%
2023
1
1
2
50.00%
62.55%
2022
1
0
1
0.00%
56.52%
2021
0
0
0
0.00%
62.74%
2020
0
0
0
0.00%
61.51%
Workers' Compensation
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
National Average
2025
0
0
0
0.00%
34.83%
2024
0
1
1
100.00%
35.33%
2023
0
0
0
0.00%
35.67%
2022
0
0
0
0.00%
37.14%
2021
0
0
0
0.00%
35.46%
2020
0
0
0
0.00%
33.86%